Development of financial education guides for local authorities across the UK
The Money and Pensions Service (MaPS) is a government body working to ensure people throughout the UK can access the information they need to make effective financial decisions over their lifetime. MaPS coordinated the UK Strategy for Financial Wellbeing, which includes a goal of two million more children and young people receiving a meaningful financial education by 2030.
Some children and young people live in homes where they do not receive all the constructive financial influences and learning they need, or they may have additional needs that would benefit from help outside of school or the home. In particular, vulnerable children and young people may have limited access to financial education, and MaPS research shows interventions aimed solely at increasing engagement in building financial skills can have limited effect.
On behalf of MaPS, Hopscotch Consulting and Insightful Research are conducting research to determine how organisations like yours effectively engage with vulnerable young people to upskill and empower them. This will inform the guidance produced for local authorities providing practical advice on how to embed financial education further into their frontline services with vulnerable young people.
You are invited to take part in a focus group or interview in October/November to share insights into how guidance can be most effectively provided to local authorities.
If you or anyone in your team are able to support this research please complete the very short Expression of interest form.
If you have any questions, please contact Craig Ritchie.